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Autonomous supplychains are systems that can operate with little to no human intervention, and they use artificial intelligence, robotics, automation, and sensors to optimize the flow of goods. The key technologies that enable autonomous supplychains are artificial intelligence (AI), robotics, sensors, and blockchain.
tariffs, ongoing geopolitical tensions, and looming changes to the de minimis threshold for low-value imports from China are keeping global supplychains on unstable ground. About Xeneta Xeneta is the leading ocean and air freight rate benchmarking and market analytics platform transforming the shipping and logistics industry.
Developed under the auspices of the International Maritime Organization (IMO), the Convention mandates that ships at the end of their operational lives must be recycled in a safe and environmentally sustainable way.
Suez Canal News Update The Suez Canal is a crucial lane for global shipping, with 50-60 vessels of all types transiting each day for about 19,000 per year, including about 30% of global container traffic and more than a million barrels of crude oil per day. What to expect from shipping in the Suez Canal & Red Sea?
Very positively, these topics have not only been discussed at COP26 but multiple initiatives were launched with some of them having the potential to significantly contribute to decarbonizing the global supplychain network. The second Z – Zero emission shipping routes: the Clydebank Declaration.
According to a release from Panasonic, the acquisition brings together Blue Yonder’s end-to-end supplychain software, which uses artificial intelligence, with Panasonic’s autonomous solutions, to form “autonomous enhancement of the whole supplychain.”
hope to slash shipping costs and save millions of dollars when they sit down later this month to negotiate long-term contracts with ocean carriers following last year’s surge in rates. The average contract cost of shipping a container from China to the U.S. And now on to this week’s logistics news. Retailers in the U.S.
Xeneta’s powerful reporting and analytics platform provides liner-shipping stakeholders the data they need to understand current and historical market behaviour—reporting live on market average and low/high movements for both short and long-term contracts. To learn more, please visit www.xeneta.com. CLICK HERE TO RESERVE YOUR SPOT
Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. Oil prices tanked, cancellations increased and Maersk drilling and supplychain services would run up nearly $2 billion dollars in annual losses.
Xeneta’s powerful reporting and analytics platform provides liner-shipping stakeholders the data they need to understand current and historical market behaviour—reporting live on market average and low/high movements for both short and long-term contracts. To learn more, please visit www.xeneta.com. CLICK HERE TO RESERVE YOUR SPOT
Additionally, new shipping lanes are opening up, and Russia has a grand plan to become the biggest beneficiary of climate change in the region. Despite its efficiency, the volume of shipping along this route is negligible compared to the other two options.
Shipping Routes: Clydebank Declaration. Signatories to the so-called Clydebank Declaration agreed to collaborate to support the creation of green shipping corridors between two or more port pairs. Carriers will be incentivised or obliged to service these maritime routes only with zero emission ships.
Our salute to the best advancements in supplychain technology, processes and labor management from 2017. This is our annual salute to the best in people, processes and technology within the supplychain arena. This is our annual salute to the best in people, processes and technology within the supplychain arena.
The latest updates on shipping delays in the Red Sea in January 2024, including which businesses and industries have been impacted. This response is driven by ongoing threats to crew and cargo safety, necessitating the rerouting of ships around the Cape of Good Hope, resulting in substantial delays and escalated shipping costs.
Shipping expenses increased 36 percent in the quarter to over $4.5 Moving on, here’s the rest of this week’s supplychain and logistics news: Freight-Booking Startup Convoy Raises $62 Million (WSJ – sub. Norway Takes Lead in Race to Build Autonomous Cargo Ships (WSJ – sub. View Results. Total Votes 11.
With this release, QAD strengthens our cloud ERP offering to deliver new adaptive manufacturing and supplychain capabilities, increase user productivity and boost the ability to make informed and intelligent decisions. Connected SupplyChain. QAD Adaptive ERP 2022.1 Highlights. Complete Customer Management.
QAD has bolstered our cloud offerings with new adaptive manufacturing and supplychain capabilities that enhance user productivity and support informed and intelligent decision-making. QAD Process Intelligence also covers operational scenarios that ultimately improve finances, such as shipping and maintenance.
I recently had the pleasure of meeting Christian Olsen, Head of Business Development at Höegh, a leading global shipping company specializing in vehicle transportation services. I have been with Höegh for 12 years and in the shipping industry for close to 20 years. Christian Olsen. Hi Christian, tell me a little about your background.
She provides some great insights into how big data might be able to be used in supplychains. In spite of this often-daunting aspect of business today, with appropriate use of this data, you can realize a powerful advantage over the competition by boosting efficiencies in your organization’s supplychain.
In today’s regulated supplychain, the end of a product lifecycle is just as important as the beginning. The country established itself as the last link in the recycling supplychain. Will Norway be the world’s next trash destination?
This is not an isolated phenomenon: Norway has been divesting a number of funds of oil and gas investments, especially from high-carbon emission sources like Canadian oil sands. The coronavirus pandemic has given the world a wake-up call about resiliency in supplychain. Funds in other countries have followed suit.
Doosan Infracore is a Korean construction machinery and engine company with production facilities in Korea, China, and Norway and sales companies, branch offices, and dealer networks worldwide. In March 2021, Doosan Infracore chose o9 Solutions’ AI-powered integrated supplychain platform. Gartner, Inc.
The huge build-up of containers at China’s docks has created a major ocean freight imbalance, with a shortage of cargo in US and European ports and a shortfall in boxes needed by Western exporters to ship products to other parts of the world. Some ports are quarantining arriving ships for 14 days. Air Freight.
But one major shipping firm claimed the disruption will not lead to empty shelves in shops. But one major shipping firm claimed the disruption will not lead to empty shelves in shops. Iran-backed rebels have used drones and rockets to target foreign-owned ships transporting goods through the Bab al-Mandab Strait and the Suez Canal.
SupplyChain Matters highlights a further development related to increased labor activism among global automakers, specifically electric vehicle producer Tesla’s additional announcement on wage increases. Reportedly, labor unions within Denmark , Norway and Finland , along with Sweden , rallied around the IF Metall labor union.
these are the main conclusions from SupplyChain Movement’s annual study as the basis for the 3pl subway map europe 2016, which shows the specific services of the most important logistics service providers. These mergers and acquisitions are reflected on the SupplyChain Movement 3PL Subway Map Europe. Mozambique.
these are the main conclusions from SupplyChain Movement’s annual study as the basis for the 3pl subway map europe 2016, which shows the specific services of the most important logistics service providers. These mergers and acquisitions are reflected on the SupplyChain Movement 3PL Subway Map Europe. Mozambique.
SupplyChain Matters highlights a further development related to increased labor activism among global automakers, specifically electric vehicle producer Tesla. Reportedly, labor unions within Denmark , Norway and Finland , along with Sweden , have rallied around IF Metall labor union. That may have substance from a U.S.
Several USB sticks with malware have been found plugged into computers on freight vessels in Norway, Greece and the Netherlands dating back to January.
According to Siddharth Kara , a researcher of modern-day slavery, “Industrial mines, almost all of them, have artisanal miners working, digging in and around them, feeding cobalt into the formal supplychain.” And in 2021, Apple reported that 13% of cobalt shipped in its products came from recycling.
Overcapacity, Fuel Costs Hit Shipping Industry ( Fox Business ). Descartes opened up its wallet and made another acquisition, this time KSD Software Norway AS , a Scandinavia-based provider of electronic customs filing solutions for the European Union. -NAFTA trade in February 2013. Cass Freight Index Report – April 2013.
America’s imports are stuck on ships floating off LA. Dun & Bradstreet and E2open joined together to provide a report highlighting the impact of this incident on global supplychains. While the shipping bottleneck from the Ever Given should begin to dissipate, another bottleneck in the US looms: port congestion.
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